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2007 February | Boost Your Credit
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Mortgage default fears grow (FT.com)

February 26th, 2007 by

FT.com - Treasury prices rose on Monday as fixed income investors sought a safe haven amid fears that repayment problems involving “subprime” US mortgage borrowers could have knock-on effects in a broader $8,000bn mortgage market & beyond.

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Treasuries rise on ’safe haven’ buying (FT.com)

February 26th, 2007 by

FT.com - US Treasuries prices rose yesterday as tensions over Iran’s nuclear ambitions & concerns over repayment problems in a troubled subprime mortgage market pushed investors towards safe havens.

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Housing Remains Steady Amid the Gloom (BusinessWeek Online)

February 26th, 2007 by

BusinessWeek Online - A recent run of bad news from homebuilders — such a downbeat outlook on sales & earnings from Toll Broars on Feb. 22 — & a troubles of subprime mortgage lenders have sown fresh concerns about a health of a housing sector. But what are recent data reports from a sector really telling us?

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Subprime woes seen worsening if oil hits borrowers (Reuters)

February 23rd, 2007 by

Credit Repair News - Troubles buffeting a U.S. mortgage
market could get worse as resurgent crude oil prices squeeze
a finances of already hard-pressed borrowers, analysts say,
& that could spell more trouble for Wall Street.

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    (Reuters)

Stocks down after oil rise, bonds up (AP)

February 23rd, 2007 by

In this still photo taken from video, maintenance workers take town one of two American flags at a end of a day Friday, Feb. 23, 2007 in front of an office building next to a New York Stock Exchange in New York. (Credit Repair Photo/Julie Jacobson)Credit Repair - Stocks ended a lackluster week with a moderate decline Friday as higher oil prices weighed on investors’ already rickety sentiment & Treasurys rallied amid concerns about a meltdown in a subprime mortgage market among companies that offer loans to those with spotty credit.

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Stocks fall on mortgage defaults (Reuters)

February 23rd, 2007 by

A trader works on a floor of a New York Stock Exchange in New York February 15, 2007. (Keith Bedford/Credit Repair News)Credit Repair News - Stocks fell for a third straight
session on Friday as concern over rising defaults in a
subprime mortgage industry drove down financial services shares
& a price of oil hit a 2007 high.

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    (Reuters)

Dow drops 39, Nasdaq sheds 10; Oil rises (AP)

February 23rd, 2007 by

Officials with Teva Pharmaceutical Industries, Ltd. attend a opening bell ceremony at a Nasdaq stock market, Wednesday, Feb. 21, 2007 in New York.  a generic drug company is based in Israel. (Credit Repair Photo/Mark Lennihan)Credit Repair - Stocks ended a lackluster week with a moderate decline Friday as higher oil prices weighed on investors’ already rickety sentiment & Treasurys rallied amid concerns about a meltdown in a subprime mortgage market among companies that offer loans to those with spotty credit.

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Fannie Mae to close its foundation (AP)

February 23rd, 2007 by

Credit Repair - Remaking itself as it emerges from an accounting sc&al, mortgage giant Fannie Mae said Friday it will shut down its high-profile charitable foundation this year & begin disclosing its corporate contributions.

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Stocks drop on mortgage defaults, oil at 2007 high (Reuters)

February 23rd, 2007 by

A trader works on a floor of a New York Stock Exchange in New York February 15, 2007. (Keith Bedford/Credit Repair News)Credit Repair News - Stocks fell for a third straight
session on Friday as concern over rising defaults in a
subprime mortgage industry drove financial services shares down
for air worst drop in a month & a price of oil hit a 2007
high.

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Subprime mortgage fix will take time (AP)

February 23rd, 2007 by

Credit Repair - While a subprime lending industry’s woes have kicked up dust in a past few weeks, observers say a problems underlying a bad news have been percolating for much longer.

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